The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]

The Asian Development Bank (ADB) has announced that it will invest $50 million in Indian renewable energy independent power producer Avaada Energy Private Limited. Avaada aims to use the capital to expand its solar energy generation capacity in India. The ADB and Avaada entered into an agreement which was signed by the chairman of the […]

Recognized as one the leading mining nations in the world Polish government has prepared ‘West Bengal Project’ that was discussed recently during Bengal Global Business Summit. Poland was partner country of the summit for a third time in a row. Poland looks for collaboration with both PSUs and the biggest private players. During a recent […]

India’s SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters. Shares of SpiceJet rose as much as 7.2 percent on Wednesday in their biggest percentage gain […]

Indian companies are welcome to participate in Indonesia’s infrastructure projects, particularly in the Aceh province, as the island nation makes development a priority, a senior minister has said. Addressing a gathering of chief executives of the Indian companies at the 2nd India-Indonesia Infrastructure Forum (IIIF) in Jakarta, country’s Coordinating Minister of Maritime Affairs Luhut Binsar […]

No shortage of coal in country; CIL output grew by 104MT in 4

The country faces no shortage of coal and its imports have declined to 208 million tonnes (MT) from 217 MT in 2014, Coal Minister Piyush Goyal said Friday.

Replying to a query in the Question Hour, the Minister said coal production has witnessed an increase of 7.4 per cent in April-December (nine months) period of the ongoing fiscal.

There is no coal shortage in the country and Coal India production increased by 104 million tonnes (MT) in the last four years between 2014-15 and 2017-18,he said.

He, however, said that initially when power plants were being set up, they were designed for imports. Besides reserves of coking coal were limited in view of fire in Jharia and Raniganj areas for several decades.

The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]